Product Update
18 June 2010 - 11:33PM
UK Regulatory
TIDMGWP
RNS Number : 8861N
GW Pharmaceuticals PLC
18 June 2010
GW Pharmaceuticals plc
("GW" or "the Group")
Product Update
Porton Down, UK, 18 June 2010: Consistent with previous guidance that a UK
approval for Sativex is expected by the end of Q2 2010, GW confirms that it has
just received formal notification of the grant of a product licence from MHRA
for Sativex. GW's marketing partner, Bayer Schering Pharma, will be announcing
the formal UK launch of Sativex on Monday 21 June and further details will be
provided at that time.
Enquiries:
+----------------------------------------+--------------------------+
| Financial Dynamics | + 44 20 7831 3113 |
+----------------------------------------+--------------------------+
| Ben Atwell / John Dineen | |
+----------------------------------------+--------------------------+
| | |
+----------------------------------------+--------------------------+
| Piper Jaffray Ltd | +44 (0)20 3142 8700 |
+----------------------------------------+--------------------------+
| Neil Mackison / Rupert Winckler | |
+----------------------------------------+--------------------------+
Notes to Editors
About GW
GW was founded in 1998 and listed on the AiM, a market of the London Stock
Exchange, in June 2001. Operating under license from the UK Home Office, the
company researches and develops cannabinoid pharmaceutical products for patients
who suffer from a range of serious ailments, in particular multiple sclerosis
and cancer pain. GW has assembled a large in-house scientific team with
expertise in cannabinoid science as well as experience in the development of
both plant-based prescription pharmaceutical products and medicines containing
controlled substances. GW occupies a world leading position in cannabinoids and
has developed an extensive international network of the most prominent
scientists in the field.
This news release may contain forward-looking statements that reflect GWs
current expectations regarding future events, including development and
regulatory clearance of the GW's products. Forward-looking statements involve
risks and uncertainties. Actual events could differ materially from those
projected herein and depend on a number of factors, including (inter alia), the
success of the GW's research strategies, the applicability of the discoveries
made therein, the successful and timely completion of uncertainties related to
the regulatory process, and the acceptance of Sativex and other products by
consumer and medical professionals.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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